- Rayonier (NYSE:RYN): Q1 GAAP EPS of -$0.08.
- Revenue of $179.5M (+25.4% Y/Y) misses by $20.13M.
- Q1 cash provided by operations of $53.9M and cash available for distribution of C$47.3M.
- "Based on our solid start to 2021 and our expectation of a significant pickup in real estate activity as the year progresses, we believe we are on track to achieve full-year Adjusted EBITDA towards the upper end of our prior guidance," president & CEO David Nunes commented.
- Press Release